Mediterranean Labor Markets in the First Age of Globalization

An Economic History of Real Wages and Market Integration

Business & Finance, Economics, Urban & Regional, Economic History
Cover of the book Mediterranean Labor Markets in the First Age of Globalization by Paul Caruana Galizia, Palgrave Macmillan US
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Author: Paul Caruana Galizia ISBN: 9781137400840
Publisher: Palgrave Macmillan US Publication: March 11, 2015
Imprint: Palgrave Macmillan Language: English
Author: Paul Caruana Galizia
ISBN: 9781137400840
Publisher: Palgrave Macmillan US
Publication: March 11, 2015
Imprint: Palgrave Macmillan
Language: English

Scholars have studied the nineteenth century's unprecedented labor flows in global and specific country contexts, but have lacked a comprehensive analysis of the world's old economic core, the Mediterranean. This work provides answers to important questions, such as: If the Mediterranean labor market really was integrated, then why did globalization affect the Western and Eastern Mediterranean so differently? Why did wage inequality rise in the East while it fell in the rest of the labor-abundant periphery? More broadly, was low emigration from Iberia and the East to blame for the Mediterranean's failed integration with the fast-expanding global economy? This ground-breaking research relates these questions to ongoing historical debates on the intensity of intra-Mediterranean integration in goods and labor, to current heated debates on North African emigration to Europe, and to discussions on European economic integration more generally.

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Scholars have studied the nineteenth century's unprecedented labor flows in global and specific country contexts, but have lacked a comprehensive analysis of the world's old economic core, the Mediterranean. This work provides answers to important questions, such as: If the Mediterranean labor market really was integrated, then why did globalization affect the Western and Eastern Mediterranean so differently? Why did wage inequality rise in the East while it fell in the rest of the labor-abundant periphery? More broadly, was low emigration from Iberia and the East to blame for the Mediterranean's failed integration with the fast-expanding global economy? This ground-breaking research relates these questions to ongoing historical debates on the intensity of intra-Mediterranean integration in goods and labor, to current heated debates on North African emigration to Europe, and to discussions on European economic integration more generally.

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